The Bank of Canada Commenced Inflation Targeting in

question 8

Multiple Choice

The Bank of Canada commenced inflation targeting in

• A)1981.
• B)1995.
• C)1991.
• D)2008.
• E)1960.

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Definitions:

Opponent-Process Theory

A theory of color vision that proposes three pairs of color antagonists: red-green, blue-yellow, and white-black. Excitation of neurons sensitive to one member of a pair automatically inhibits neurons sensitive to the other member.

Impulse Frequency Theory

A theory that proposes the frequency of nerve impulses, or action potentials, is related to the intensity of a sensation such as sound or light.

Timbre

The quality of a sound apart from its pitch or loudness; timbre enables us to distinguish a clarinet from an oboe, or one person’s voice from another.

Sound Quality

The measure of how pleasing or accurate an audio output is from any given source.